Business Savings
Business Savings Account Options
Basic Business Savings
Best for companies with smaller balances
Interest1
Paid when the minimum daily balance is met
Monthly Fee2
$5 if minimum daily balance is not met
Minimum Daily Balance
$50
Transaction Charge
5 free withdrawals per month, then $1 per withdrawal
Statements
- Paired with Business Checking Account: Monthly
- Not Paired: Quarterly
Preferred Business Savings
Best for companies with larger balances
Interest1
Variable rate based on the following minimum balances:
- $1,000
- $10,000
- $25,000
Monthly Fee2
$10 if minimum daily balance is not met
Minimum Daily Balance
$1,000
Transaction Charge
5 free withdrawals per month, then $1 per withdrawal
Statements
- Paired with Business Checking Account: Monthly
- Not Paired: Quarterly
Money Market Investor Savings
Higher-yield savings for when you can save $25,000+
Interest1
Variable rate based on the following minimum balances:
- $0
- $250,000
- $1,000,000
- $5,000,000
Monthly Fee2
$25 if minimum daily balance is not met
Minimum Daily Balance
$25,000, to avoid the monthly fee
Transaction Charge
6 free withdrawals, 3 of which may be made via check
Statements
Monthly
Get the Most Out of Your Banking Relationship
All business savings accounts require a $100 opening balance.
1 Interest will be compounded and paid monthly based on the daily collected balance. Refer to our deposit account rates for current rate information. At our discretion, interest may change daily. Interest begins to accrue no later than the business day we receive credit for the deposit of checks.
2 Other charges may apply to these accounts, see separate miscellaneous fee schedule.